Global Trading System at Risk, Says Silk Road Associates CEO

The video discusses the concerns surrounding global trade, particularly focusing on the tensions between the US and China. It highlights the importance of the global trading system for China and the potential risks if the US exits this system. The discussion includes the need for compromise on tariffs and market access restrictions. The Belt and Road Initiative is emphasized as critical for China's trade strategy, especially in the context of a trade war. The video concludes by noting China's growing concerns about market access into the US and the potential shift towards markets in Asia, Africa, and the Middle East.

What is the primary concern if the US exits the global trading system?

• It would be disastrous for the global trading system.

• It would have no significant impact.

• It would strengthen China's position in global trade.

• It would lead to a decrease in global trade.

Why is it important for China to maintain a robust global trading system?

• To expand its territory.

• To increase its military power.

• To reduce its dependency on the US.

• To benefit from international trade.

What is expected to happen over the coming months regarding US-China trade relations?

• No change in the current situation.

• A complete trade ban.

• A compromise on market access restrictions.

• An increase in tariffs.

How does the Belt and Road Initiative become more critical during a trade war?

• It helps China expand its military influence.

• It provides alternative markets for Chinese exports.

• It reduces China's dependency on technology.

• It allows China to bypass international laws.

What challenge do companies like ZTE and Huawei face in the US market?

• High production costs.

• Lack of technological innovation.

• Increased competition from local companies.

• Difficulty in selling products due to market access issues.